Newark city: Median Gross Rent Trend
How Newark city's median gross rent changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$1,209
2023
$1,611
Total change
+$402
% change
+33.3%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $1,209 | — |
| 2019 | $1,308 | +$99 (8.2%) |
| 2020 | $1,282 | $26 (-2%) |
| 2021 | $1,330 | +$48 (3.7%) |
| 2022 | $1,482 | +$152 (11.4%) |
| 2023 | $1,611 | +$129 (8.7%) |